Funding you earn now, next payment 22:00 UTC−0.0876%/8h= −95.9% APRpaid last 24h −0.034%
Price spread now: Gate against Hyperliquid−0.189%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1361.362% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.346%−$35 · spread now −0.189%, 7d avg −0.205%
=Together, before fees−0.510%+ Points / potential airdropHyperliquid: Season 2 · farm board−$51 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.205%, so right now this pair is about funding alone: −$26 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CC | 0.1167 | 0.0976 | pay 0.0122% / 1h | 57m 22s | $5.4M | $1.3M | 3x |
| Short | Gate CC_USDT | 0.1164 | 0.0100 | get 0.0050% / 4h | 2h 57m | $362K | $206K | 50x |
Hyperliquid CC
Gate CC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$183.97
- Price spread: −0.189% → −0.205%
- $1.68
- Slippage, 4 orders
- −$112.21
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$318.49
- Costs to cover
- 1.362%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Gate: live order book, 27 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 5 min ago | 0.43 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 27 min ago | 8.57 bp | 72.3 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3670% | 1h | 0.1152 | −1.243% | $6K | $96 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1164 | −0.248% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1164 | −0.177% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1164 | −0.223% | $11.0M | $10.8M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1163 | −0.266% | $10.4M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1165 | −0.163% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDTshort | +0.0100% | 4h | 0.1164 | −0.189% | $362K | $206K | 50x | |
| MEXC CC_USDT | +0.0100% | 4h | 0.1164 | −0.197% | $1.7M | $293K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1164 | −0.214% | $491K | $116K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1164 | −0.197% | $957K | $751K | 20x | as long as short |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1164 | −0.231% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1163 | −0.257% | $17K | $21K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1165 | −0.110% | $580K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1166 | −0.051% | $82K | $2.2M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1163 | −0.335% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1166 | −0.086% | $588K | $99K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1164 | −0.211% | $43K | — | 50x | as long as short |
| Hyperliquid CClong | +0.0976% | 1h | 0.1167 | long leg | $5.4M | $1.3M | 3x | |
| Lighter CC | +0.1768% | 1h | 0.1168 | +0.163% | $233K | $160K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC